MG FINANCIAL LLC
Adviser information for MG FINANCIAL LLC last updated from Form ADV on March 25th, 2024. Select data displayed; additional Form ADV, Form D, Form 13F and other data is available from the Fincoded API.
Advisory Business
| Type of Organization | Limited Liability Company |
|---|---|
| Fiscal Year End | DECEMBER |
| Legal Location | Massachusetts, United States |
Employees
| Total Number of Employees | 7 |
|---|---|
| Investment Advisory/Research | 4 |
| Registered Broker-Dealer Representatives | 0 |
| Registered State Investment Advisers | 0 |
| Licensed Agents of an Insurance Company | 0 |
| No. of Firms/People that Solicit Clients | 0 |
RAUM
| Provides Management of Securities Portfolios | Yes |
|---|
| Type | Accounts | RAUM |
|---|---|---|
| Discretionary | 109 | $1.1B |
| Non-Discretionary | 0 | $0 |
| Total | 109 | $1.1B |
Clients
| Type | Number | RAUM |
|---|---|---|
| Individuals | 20 | $8.0M |
| HNW Individuals | 74 | $1.1B |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 0 | $0 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles | 14 | $66.9M |
| Pension and profit sharing plans | 0 | $0 |
| Charitable organizations | <5 | $4.1M |
| State or municipal gov entities | 0 | $0 |
| Other investment advisers | 0 | $0 |
| Insurance companies | 0 | $0 |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses | 0 | $0 |
| Other | 0 | $0 |
| Type | Number |
|---|---|
| No. of Non-RAUM Clients | 0 |
| No. of Non-U.S. Clients | 0 |
| No. of Financial Planning Clients | 101-250 |
Services
| Advisory Services | Financial planningPortfolio management for pooled investment vehiclesSelection of other advisers (including private fund managers) |
|---|---|
| Compensation | % of AUMHourly chargesANNUAL RETAINER FOR SERVICES NOT COVERED BY AN ASSET BASED FEE. |
Identifiers
| SEC RIA File Number | 801-52511 |
|---|---|
| SEC ERA File Number | 801-52511 |
| SEC CIK Numbers | None |
| SEC CRD Numbers | 107649 |
| Legal Entity Identifier | None |
Principal Office
30 BRAINTREE HILL OFFICE PARKSUITE 104
BRAINTREE
MA
United States
Monday - Friday, 9:00 - 5:00
Tel: 781-848-1163, Fax: 781-848-1119
Websites
Chief Compliance Officer
MARY GILLIGAN
PRINCIPAL
30 BRAINTREE HILL OFFICE PARK
SUITE 104
BRAINTREE
MA
United States
Tel:
871-848-1163
Fax:
781-848-1119
M******@**************M
(Full email address available in API data)
Industry Affiliates
| MGF II LLC | Sponsor, GP, manager of pooled investment vehicles |
Private Funds
| Name | Type | Assets $USD | Min Investment $USD | No. Owners |
|---|---|---|---|---|
| MGF PARTNERS - BAIN ASIA III | Private Equity Fund | $3.2M | $0.1M | 6 |
| MGF PARTNERS - BAIN ASIA IV | Private Equity Fund | $4.0M | $0.1M | 7 |
| MGF PARTNERS - BAIN VENTURE SERIES | Private Equity Fund | $3.3M | $0.1M | 9 |
| MGF PARTNERS - BAIN XI SERIES | Private Equity Fund | $5.6M | $0.1M | 13 |
| MGF PARTNERS - BAIN XII | Private Equity Fund | $10.7M | $0.1M | 11 |
| MGF PARTNERS - BAIN XIII | Private Equity Fund | $3.6M | $0.1M | 10 |
| MGF PARTNERS - BCV CRYPTO FUND SERIES | Private Equity Fund | $2.0M | $0.1M | 9 |
| MGF PARTNERS - MCJ 2023 SERIES | Private Equity Fund | $1.6M | $0.1M | 15 |
| MGF PARTNERS - TCV XII SERIES | Private Equity Fund | $3.0M | $0.1M | 12 |
| MGF PARTNERS LP - ARCLIGHT ENERGY VI SERIES 1 | Private Equity Fund | $3.5M | $0.1M | 9 |
| MGF PARTNERS LP - BAIN ASIA CAPITAL FUND | Private Equity Fund | $2.9M | $0.1M | 11 |
| MGF PARTNERS LP - SPECIAL OPPORTUNITIES IV PRIVATE EQUITY SERIES I | Hedge Fund | $1.0M | $0.3M | 13 |
| MGF PARTNERS LP - WAVE EQUITY SERIES I | Private Equity Fund | $18.8M | $0.3M | 7 |
| MGF PARTNERS LP - WAVE III EQUITY SERIES | Private Equity Fund | $3.5M | $0.1M | 10 |
Control Persons
| Name | Type | Entity | Title | Since | Ownership |
|---|---|---|---|---|---|
| GILLIGAN, MARY, ELIZABETH | Individual | – | PRINCIPAL AND CHIEF COMPLIANCE OFFICER | 11/2001 | > 75% |
| Thomas, Carol, Ann | Individual | – | PRINCIPAL; VICE PRESIDENT/OPERATIONS | 01/2020 | 5-10% |
| Chilson, Kate, Elisabeth | Individual | – | PRINCIPAL; VICE PRESIDENT|CLIENT SERVICES | 01/2020 | 10-25% |